SBC Exports Ltd
SBC Exports Ltd was incorporated in 2011. It is engaged in the Trading and Manufacturing of Garments, Manpower Supply Services & Tour Operator Services. Currently, co. has 70 distributors in India, receives an average of 75 new projects every year. Mr Govindji Gupta is the MD of the co. [1] [2] [3]
- Market Cap ₹ 444 Cr.
- Current Price ₹ 21.0
- High / Low ₹ 23.8 / 4.65
- Stock P/E 65.4
- Book Value ₹ 1.65
- Dividend Yield 0.00 %
- ROCE 32.5 %
- ROE 22.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 51.6% CAGR over last 5 years
- Company's median sales growth is 35.6% of last 10 years
Cons
- Stock is trading at 12.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 84.8 to 108 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 2 | 10 | 16 | 21 | 29 | 64 | 80 | 109 | 192 | 205 | 188 | |
2 | 2 | 10 | 16 | 21 | 28 | 62 | 77 | 105 | 188 | 197 | 178 | |
Operating Profit | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 4 | 4 | 8 | 10 |
OPM % | 1% | 1% | 1% | 0% | 1% | 2% | 2% | 3% | 4% | 2% | 4% | 6% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 6 | 9 |
Tax % | 0% | 0% | 33% | 33% | 30% | 35% | 33% | 27% | 34% | 28% | 39% | 26% |
Net Profit | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 7 |
EPS in Rs | 0.05 | 0.10 | 0.10 | 0.20 | 0.35 | 1.65 | 4.25 | 0.09 | 0.06 | 0.09 | 0.16 | 0.32 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 56% |
5 Years: | 24% |
3 Years: | 20% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | 79% |
5 Years: | 52% |
3 Years: | 73% |
TTM: | 98% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 156% |
1 Year: | 300% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 11 | 11 | 21 | 21 | |
Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 10 | 12 | 5 | 14 |
0 | 0 | 0 | 0 | 0 | 1 | 3 | 13 | 7 | 9 | 9 | 0 | |
0 | 1 | 1 | 6 | 4 | 8 | 15 | 14 | 25 | 45 | 61 | 80 | |
Total Liabilities | 1 | 1 | 1 | 6 | 5 | 9 | 19 | 40 | 53 | 76 | 97 | 115 |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 4 | 4 | 6 | 8 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 |
1 | 1 | 1 | 6 | 4 | 9 | 18 | 37 | 48 | 71 | 88 | 107 | |
Total Assets | 1 | 1 | 1 | 6 | 5 | 9 | 19 | 40 | 53 | 76 | 97 | 115 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 0 | 1 | 0 | 0 | -18 | 4 | -2 | 5 | ||
0 | 0 | 0 | 0 | -0 | -0 | -1 | -3 | -2 | -1 | -4 | ||
0 | 0 | 0 | 0 | 0 | 0 | 1 | 21 | -0 | 2 | 0 | ||
Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 2 | -1 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 59 | 56 | 16 | 114 | 44 | 51 | 42 | 82 | 74 | 57 | 89 | 108 |
Inventory Days | 39 | 119 | 23 | 11 | 26 | 46 | 46 | 41 | 41 | 62 | 50 | 69 |
Days Payable | 82 | 185 | 29 | 133 | 66 | 100 | 85 | 66 | 86 | 74 | 75 | 78 |
Cash Conversion Cycle | 16 | -10 | 10 | -8 | 3 | -3 | 3 | 57 | 29 | 46 | 64 | 99 |
Working Capital Days | 19 | -5 | 12 | 2 | -3 | 1 | 10 | 98 | 65 | 45 | 41 | 46 |
ROCE % | 10% | 17% | 15% | 19% | 33% | 58% | 56% | 17% | 12% | 14% | 22% | 32% |
Documents
Announcements
- Submission Of Standalone And Consolidated Financial Results For The Quarter And Year Ended On March 31, 2023. 1d
-
Announcement under Regulation 30 (LODR)-Change in Directorate
22 May - Towards resignation of Non- Executive Independent Directors and Non- Executive Directors of the Company.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
20 May - Work Order for Engagement of Experienced Manpower Service Providers for providing manpower and related services in Ahmedabad, Bhopal and Nagpur Territories of RailTel Corporation of …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
20 May - Copies of the newspaper advertisement published on 20th May, 2023.
- Result- Financial Results For Mar 31, 2023 18 May
Journey
SBC Exports Limited was incorporated by Dheerendra Kumar Gupta. Initially, the company was engaged in the trading of handmade carpets, cushion covers, cotton quilts, and bedspreads in Mirzapur. In 2015, SBC started its hosiery fabrics & hosiery garments trading in Mirzapur and soon started its own manufacturing units in August 2017. In 2016 the co. entered into the business of IT and manpower supply services. In 2018, the company started its business operations in the area of tour and travel services[1]
Business Offerings
IT Services & Manpower Supply(65%): Co. provides e-Governance Project, Security & Surveillance Projects, System Integration, and Manpower support (IT and Non-IT) for Speedy Implementation and Rollout of Projects (MMPs)[2]